this post was submitted on 24 Apr 2024
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Tesla

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Tesla profits fell 55% in the first quarter as a protracted EV price-cutting strategy cut into the automaker’s bottom line.

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[–] [email protected] 48 points 6 months ago (1 children)

Haha yes. I'm sure it's the hybrids (which have always been competition) and not the unhinged CEO, poor quality forcing recalls, poor progress at self driving to a point it is being overtaken by other manufacturers and a general drop in brand confidence.